 |
Current Savings Rates
Effective: November 4, 2019
All Rates subject to change without notice
For current rates contact us
| ACCOUNT
TYPE |
DIVIDEND
RATE |
APY* |
| Savings
Products *** |
| Share Savings |
.10%
|
.10%
|
| Checking
Accounts - (dividends paid monthly) |
| 0.00 - 499.99 |
0.05%
|
0.05%
|
| 500 - 2,499.99 |
0.20%
|
0.20%
|
| 2,500 - 24,999.99 |
0.40%
|
0.40%
|
| 25,000> |
0.50%
|
0.50%
|
| Certificates
of Deposit $2,500.00 and over ** |
| Six Month CD |
0.65%
|
0.66%
|
| One Year CD |
0.85%
|
0.85%
|
| Two Year CD |
1.25%
|
1.25%
|
| Three Year CD |
1.65%
|
1.65%
|
| Four Year CD |
1.80%
|
1.80%
|
| Five Year CD |
1.85%
|
1.85%
|
| Money
Market Account*** |
| 2500-24,999.99 |
0.25%
|
0.25%
|
| 25,000-49,999.99 |
0.35%
|
0.35%
|
| 50,000> |
0.45%
|
0.45%
|
|
*APY is the Annual Percentage
Yield.
**Substantial Penalty for Early Withdrawal
*** Account limited to 3 preauthorized transfers & 3 other
types of transfers per calender month.
How members’ dividends are calculated
Dividends are calculated by the average daily balance method,
which applies a periodic rate to the average daily balance
in the account for that period. The average daily balance
is calculated by adding the balance in the account for each
day of the period and dividing that figure by the number of
days in the period. Dividends begin to accrue on the business
day you deposit cash and non-cash items. Dividend rates are
determined by the Board of Directors at the close of each
quarter’s business and are subject to change.
Please call the credit union for
the most recent posted dividend rate.
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